Insurers and Advisory Organizations
NOTE: Per SS 44-150 Nebraska is a retaliatory state and all fees, premium taxes, deposits, and other charges will be charged at the rate in Nebraska Law or the rate charged by the domiciliary state, whichever is higher.
Section I - Fees |
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| Admission Fees | ||
| Certificate of Authority application fee | non-refundable, due at time of application | $1,000 |
| Certificate of Authority filing fee | if approved, due prior to issuance of Certificate of Authority | $300 |
| Annual Fees | ||
| Certificate of Authority renewal(except fraternals and assessments) | due before March 1 | $100 |
| Domestic Assessment Association | due before March 1 | $20 |
| Fraternal Benefit Society | due before March 1 | $50 |
| Annual Statement Filing Fee | due before March 1 | $200 |
| Forfeiture for late filing | per day until filed | $100 |
| Other Fees | ||
| Filing of Articles of Incorporation | due with amended document | $20 |
| Filing of Bylaws | retaliatory only | $0 |
| Name Change (includes fee for amended C.A. and Articles) | due at time of request | $120 |
| Redomestication (includes fees for amended C.A. and Articles) | retaliatory, based upon new state of domicile | $120 |
| Addition/Deletion of Line of Business | due at time of request | $100 |
| Certificate of Deposit | due at time of request, per certificate | $5 |
| Certificate of Compliance | due at time of request, per certificate | $5 |
| Certificate of Valuation | due at time of request, per certificate | $5 |
| Merger | due at time of request | $50 |
Section II - Taxes |
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| Premium Taxes | ||
| Tax on Direct Premiums (less dividends/refunds) | due annually by March 1 | 1% all premiums other than Group Accident & Health .5% Group Accident & Health |
| Additional Taxes | ||
| Fire Insurance Tax | due annually by March 1 | .75 % Foreign .375% Domestic |
| Workers' Compensation Court Cash Fund | due annually by March 1 in years required by SS 48-1,117 | 1% |
| Insurance Fraud Assessment | due annually by March 1 | $200 maximum per SS 44-6606 |
| Quarterly Tax Payments | ||
| Companies whose prior year tax liability is $4,000 or greater are required to file quarterly taxes on April 15, June 15, and September 15 per SS 77-918 | ||
Section III - Deposits |
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| Insurers' General Deposit to operate in the state | in place at time of admission, in this state or admitted state, subject to retaliation | $100,000 |
| Special Deposit to Write Workers' Compensation | - | retaliatory only |
| Health Maintenance Organizations | in this state | $300,000 |
| Health Maintenance Organizations | additional required if "uncovered" expenditures exceed 10% of total expenditures | 120% of total liability for "uncovered" expenditures |
| Motor Club | Deposit or Bond | $50,000 |
| Legal Services Corporatio | Deposit or Bond | $150,000 |
Contact Persons:
Fees or Deposits - Lori Bruss at Lori.Bruss@nebraska.gov
Premium Taxes - doi.premiumtax@nebraska.gov
Phone: 402-471-2201
Fax: 402-471-4610
